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Shunya.Trade Options Engine
Latin America Market Post-Market Review
Volatility Index — CBOE VIX
17.4% Moderate
Bovespa (Brazil)
Bearish187,691
+0.50%
Intraday
Bullish
Daily
Bearish
Weekly
Bullish
Monthly
Bullish
RSI (24.0)Oversold
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (192,066), the tape is in distribution mode. Sellers control the structure. The 24 RSI print suggests aggressive selling has run its course — buyers may attempt to step in near support. The MACD reading is bearish — histogram below zero and expanding, suggesting selling pressure has momentum behind it. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support175,039
Resistance199,355
Moving Averages
21-day SMA191,880
50-day SMA187,206
100-day SMA178,874
200-day SMA161,558
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely low at 24.0 (Oversold), suggesting selling pressure may have exhausted and a bounce is possible.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Signal
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
| Level | Price |
|---|---|
| High (0.0%) | 199,355 |
| 23.6% | 193,616 |
| 38.2% | 190,066 |
| 50.0% | 187,197 |
| 61.8% | 184,328 |
| 78.6% | 180,243 |
| Low (100.0%) | 175,039 |
Extensions
| Extension | Price |
|---|---|
| Ext 1.13 (Up) | 202,516 |
| Ext 1.272 (Up) | 205,969 |
| Ext 1.618 (Up) | 214,382 |
| Ext 1.13 (Dn) | 171,878 |
| Ext 1.272 (Dn) | 168,425 |
| Ext 1.618 (Dn) | 160,012 |
Trade Setup
Entry
187,691
Stop Loss
189,153
Take Profit
184,766
Risk / Reward
2.0
Sell
Top Options Strategies
Long Put52%
Buy OTM Put
Put Ratio Backspread52%
Sell 1 higher Put + Buy 2 lower Puts
Bear Call Spread49%
Sell Call + Buy higher Call
Market Search Previews
Key Takeaway
Track Selic rate expectations via DI futures curve alongside Ibovespa OI shifts for rate-sensitive sector trades.
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Explore Shunya.Trade →⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.